Question

A fruit seller bought 50 kg of fruits.He sold 30 kg of fruits for the cost price of 35 kg of fruits and he sold the remaining quality for the cost price of 16 kg of fruits. Calculate his profit or loss per cent in the total transaction

Answer 1

The fruit seller earn 2% profit.

Explanation:

Let the cost price per kg fruits be x.

The fruit seller bought 50 kg, therefore the cost price of 50kg fruits is 50x.

It is given that he sold 30 kg of fruits for the cost price of 35 kg of fruits and he sold the remaining quality for the cost price of 16 kg of fruits.

Therefore he sold 30kg for 35x and remaining 20kg for 16x.

Total selling price is

`35x+16x=51x`

Profit is the difference between selling price and cost price.

`Profit=SP-CP`

`Profit=51x-50x`

`Profit=x`

Formula of profit percent.

`P\%=(Profit)/(CP)* 100`

`P\%=(x)/(50x)* 100`

`P\%=2`

Therefore fruit seller earn 2% profit.